Quoted in Forbes on Jail Terms for Offshore Accounts

“Chicago tax lawyer Robert E. McKenzie worries those with still secret offshore accounts may be less likely to disclose because they figure that if they’re found out and prosecuted, they’ll avoid jail as Warner has. But McKenzie tells prospective clients the same thing he wrote recently on Forbes: ‘Many other less lucky offshore depositors have been sentenced to prison by other judges. One distinguishing factor for Warner was that he was a billionaire whereas those sent to prison were merely millionaires.'”

Robert McKenzie was recognized in an article in the April/May 2009 edition of CPA Magazine entitled the “Top 40 Tax Advisors to Know During a Recession.” State society and national association of CPAs and accountants nominated the candidates. Each candidate was then asked to submit words of advice about tax planning during a recession.

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